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CCTG (CCSC Technology International Holdings) Gross Profit : $4.39 Mil (TTM As of Sep. 2024)


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What is CCSC Technology International Holdings Gross Profit?

CCSC Technology International Holdings's gross profit for the six months ended in Sep. 2024 was $2.75 Mil. CCSC Technology International Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $4.39 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CCSC Technology International Holdings's gross profit for the six months ended in Sep. 2024 was $2.75 Mil. CCSC Technology International Holdings's Revenue for the six months ended in Sep. 2024 was $9.22 Mil. Therefore, CCSC Technology International Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 29.81%.

CCSC Technology International Holdings had a gross margin of 29.81% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of CCSC Technology International Holdings was 32.71%. The lowest was 26.60%. And the median was 29.63%.


CCSC Technology International Holdings Gross Profit Historical Data

The historical data trend for CCSC Technology International Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CCSC Technology International Holdings Gross Profit Chart

CCSC Technology International Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Profit
7.18 7.48 7.87 3.92

CCSC Technology International Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Gross Profit Get a 7-Day Free Trial 5.44 2.43 2.28 1.64 2.75

Competitive Comparison of CCSC Technology International Holdings's Gross Profit

For the Electrical Equipment & Parts subindustry, CCSC Technology International Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CCSC Technology International Holdings's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CCSC Technology International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where CCSC Technology International Holdings's Gross Profit falls into.



CCSC Technology International Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

CCSC Technology International Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=14.749 - 10.826
=3.92

CCSC Technology International Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=9.218 - 6.47
=2.75

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.39 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

CCSC Technology International Holdings's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.75 / 9.218
=29.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


CCSC Technology International Holdings  (NAS:CCTG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CCSC Technology International Holdings had a gross margin of 29.81% for the quarter that ended in Sep. 2024 => Competition eroding margins


CCSC Technology International Holdings Gross Profit Related Terms

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CCSC Technology International Holdings Business Description

Traded in Other Exchanges
N/A
Address
18-24 Shan Mei Street, 1301-03, 13th Floor, Shatin Galleria, Fotan, Shatin, Hong Kong, HKG
CCSC Technology International Holdings Ltd along with its subsidiaries is involved in the sale, design, and manufacturing of interconnect products, including connectors, cables, and wire harnesses. Its products include customized interconnect products, including connectors, cables, and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. Geographically, the company generates maximum revenue from the sale of its products in Europe and the rest from the Americas and Asia.